Leverage was founded in 2017 by Akshay Chaturvedi, an alumnus of Indian School of Business (ISB), who was earlier a senior executive at recruitments portal Babajobs.
initially began as a higher education
mentorship marketplace in US-based Draper University’s 2015 cohort, and formally launched as a company later in January 2017. It is now a full-stack university admission platform.
The platform helps students with college admissions, from assistance in applications and essays to information on scholarship programs. Leverage Edu also helps students with post-admit services through partners for education loans, accommodation and connects with alumni and mentors.
In September, the company launched a new business vertical Univalley.com, which provides advisory, tech and recruitment solutions to partner universities.
Chaturvedi said his site receives a million unique visits every month. It also uses artificial intelligence tools to help students, basis their profile, match with the right career counselors and workshops.
“The scale of the overseas education opportunity set is even more massive than we initially imagined and the pace at which the team has executed has meant that we are happy to see ourselves co-leading a second round with DSG into an early breakout from fund III,” said Karthik Reddy.